AUCTION GUIDE AND CATALOGUE
Thursday, 28th November 2013 at 2pm
held at the Lastra Farm Hotel, PENRHYD, Amlwch
Isle of Anglesey LL68 9TF

www.monproperties.com
www.monproperties.com

The Property
Ombudsman

The Property
Ombudsman
SALES

SALES

Sales Lettings Auctions
•

•

WHO SELLS AT AUCTION?

AUCTION DETAILS AND VENUE

Historically property auctions have been seen as a place to sell the more difficult and
harder to value properties, repossessions and house renovation projects - with all kinds of
individuals and organisations using the auction as a method of sale.
However in recent years there has been a change in the types and variety of properties
being sold and a larger number of private individuals are now choosing this method. Selling
by auction provides a very efficient method of sale reaching a whole new audience of
potential buyers. In particular for public bodies, executors, property companies, trustees
and charity groups there is a strong advantage to the whole process being fair open and
transparent.
IF YOU…
Want to sell within a fixed period?
Want a buyer who is ready and able to exchange unconditionally?
Want to sell knowing that you will not sell for less than your minimum figure?
Want to give your property the benefit of maximum advertising exposure?
Want to ensure that the sale is open, transparent and fair?
Want to generate open competition for your property?
Want to secure a sale on your property with no renegotiations?
Then a sale by public auction could be the solution for you.

YO
PROPEUR
TY
IN THR
I
S
SPACE!

ll Bay
LOT 1, Heather Bank, Bu
80,000
Guide Price: £170,000-£1
Please note the order of lots may change.
All details were correct at time of going to
print. Please check with the Auctioneers
that all Price Guides, Details and Order of

Sale are the same. Some lots may sell or be
withdrawn pre-auction. Please register your
interest to ensure you are kept informed.

EVENT DIARY
Thursday, 28th November 2013
Lastra Farm Hotel
PENRHYD, Amlwch
Isle of Anglesey LL68 9TF
Tel 01407 830906
Directions
From Britannia Bridge heading towards
Holyhead Distance to Lastra farm
approx 20 Miles.
Travelling from Bangor leave theA55 after
crossing the Britannia Bridge by taking
the second exit which is signposted
‘Amlwch A5025’. At the exit junction
turn right and travel for approximately
20 miles, keeping to the main A5025
coast road. Take the first turning left
after the ‘Welcome to Amlwch’ sign
(signposted ‘Leisure Centre’) and at
the staggered crossroads, proceed
across passing the Leisure Centre and
Secondary School and continue along
the Tanybryn Road to the T-Junction
turning left, The Lastra Farm Hotel is
250 yards on the left hand side.

Guide price:
£170,000-£180,000
Services
Mains water, electricity, gas and private drainage.
Legal Pack,Vendors Solicitors
Mr J Daykin
Messrs Weatherhead and Butcher
120 Main Street
BINGLEY
W Yorkshire
BD16 2JJ
Tel: 01274562322
Sold subject to an undisclosed reserve, general conditions of sale and unless sold/withdrawn
prior - you are advised to check with the auctioneers up to and including the day of the
auction that the lot order, guide prices details of sale are correct. The order of lots may
change and lots may be sold or withdrawn pre auction.

A Legal Pack will be available to view in the
Agents office or request a copy via your
solicitor.

10 steps to sell YOUR property by auction

1: Seek Advice

2: Instruction to sell

3: Property details approved

Sales Lettings Auctions
•

•

NOTICE TO BIDDERS
Môn Properties

other plans and photographs, such
information is for identification purposes
only and is expressly excluded from any
contract of sale. Neither the Auctioneers
nor any of their employees nor any
person appointed by them can be held
responsible for any inaccuracies including
without
limitation
measurements,
areas and sizes. All photographs and
details were prepared at the date of
inspection of the property and may not
therefore reflect the current state of
the property. All property descriptions
must be checked against actual legal
documentation available for each Lot.

(‘the Auctioneers’) for themselves and for
the vendors of the properties to be offered
herein draw the attention of prospective
purchasers to the following information:
1 All Lots are subject to the General
Conditions of Sale as printed herein and
the Special Conditions of Sale (if any)
applicable to each particular Lot. If there
is any conflict between the contents
of the General Conditions of Sale and
the Special Conditions of Sale and the
contents of this Notice the Special
Conditions of Sale shall prevail. Details
of the Special Conditions of Sale are
available upon enquiry to the solicitors
whose name appears against each
individual Lot, or the Auctioneers offices
one week prior to the sale date or will
be available at the time and place of the
Auction.
2 No representation or warranty is made
in respect of the structure of any of the
properties nor in relation to their state
of repair. The Auctioneers advise that all
prospective purchasers should arrange
for a building survey of the property
to be undertaken by a professionally
qualified person.
3 Prospective purchasers are deemed to
have inspected the properties before
purchasing and to have made all
necessary and appropriate searches and
enquiries with all relevant authorities,
the vendor and other bodies.
4 Prospective purchasers are asked to make
inspection arrangements as indicated in
the catalogue.The Auctioneers will make
all reasonable endeavour to arrange
access to the properties offered. Such
access cannot, however, be guaranteed.
5 Whilst every care is taken in the
preparation of this catalogue including
descriptions, dimensions, location and

4: Effective marketing campaign

All Planning and Building Regulations
and Rateable Value Statements must be
verified with the local authority.

6 The Auctioneers and the vendors’
solicitors reserve the right to amend the
particulars and conditions of sale at any
time before the date of the Auction. In
the event of there being any additions
or amendments an addendum will be
issued for the information of purchasers
and the addendum will be attached to
the sale contract and form part thereof.

In the event of any conflict between
the addendum and the particulars or
the conditions of sale, the addendum
shall prevail. Prospective purchasers
are deemed to have read and to have
full knowledge of the contents of the
addendum if any.

9 Prospective purchasers intending to
attend the Auction to bid are advised
to contact the Auctioneers prior to the
sale date and time to check whether the
particular property has been withdrawn
or sold prior and to check at the Auction
that there have been no variations to
the Special Conditions of Sale in respect
of any particular property. Neither
the Auctioneers nor the vendors can
be held responsible for any losses,
damages or abortive costs incurred in
respect of Lots which are withdrawn
or sold prior and therefore prospective
purchasers interested in specific Lots are
invited to register that interest with the
Auctioneers.
10 Guide prices which are given by the
Auctioneers are intended to be an
indication only of the price at which
the property might sell and are not
taken by any prospective purchasers as
a valuation. Prospective purchasers are
strongly advised to consult their own
professional advisers with respect to any
sums to be offered at the Auction. The
Auctioneers and the vendors accept
no responsibility for any loss, damage,
costs or expenses incurred as a result of
relying on the Auctioneers’ guide prices.
The Auctioneers are under no obligation
to provide any advice to prospective
purchasers with respect to rental values
of any particular property.

7 Bids may be refused at the Auctioneers’
discretion. The Auctioneers reserve the
right to bid on behalf of the vendor up
to the reserve.
8 The Auctioneers reserve the right
to amend the order of the sale. The
Auctioneers may re-offer a property in
separate Lots if the whole of the property
is not sold or sell in one Lot properties
which are first offered individually.

5:Viewing and open days

6: Catalogue distribution

NOTICE TO BIDDERS

11 No fittings, fixtures, appliances etc have
been examined or tested as to their
functionality.
12 Unless otherwise provided in the Special
Conditions of Sale the price of each
Lot is exclusive of any Value Added Tax
which may be chargeable thereon.
13 Upon the fall of the Auctioneers’ hammer
the successful bidder is under a binding
contract to purchase the property in
accordance with the General and Special
Conditions of Sale and the contents of
this Notice. The purchaser will then be
required to provide his or her name
and address together with those of the
solicitors acting for the purchaser. Should
the purchaser refuse to or incorrectly
provide this information the Auctioneers
reserve the right to offer the property
to the under bidder or alternatively reoffer the Lot by auction and claim any
resultant loss against the original bidder.
14 Upon the fall of the hammer the
purchaser is required to sign the
Memorandum of Sale as it appears in
this catalogue.
15 A separate deposit amounting to 10%
of the price (plus Value Added Tax
where applicable) is required in respect
of each Lot purchased. The deposit
is subject to a minimum of £3,000.
THE DEPOSIT MUST BE PAID
BY BANKERS DRAFT UNLESS
PRIOR ARRANGEMENTS
HAVE
BEEN MADE TO PAY BY CHEQUE.
PAYMENT BY CREDIT CARD IS NOT
ACCEPTABLE.
16 The purchaser will be responsible for
insurance of the property from the
moment the property is knocked down
to him or her and the purchaser will be
responsible for making arrangements in
this regard.

7: Reserves set

17 These particulars do not constitute
any part of an offer or a contract.
None of the statements contained in
these particulars as to the properties
may be relied on as statements or
representations of fact. Prospective
purchasers must satisfy themselves on
the accuracy of each of the statements
contained in these particulars and should
take their own legal and professional
advice. The vendors do not make or
give and neither the Auctioneers nor
any of their employees or any person
appointed by them has any authority
to make or give any representation or
warranty in relation to the properties.

AUCTION DAY ADVICE
Always make a late check to ensure the
property that interests you has not been
withdrawn.
Arrive in good time, space is often limited.
Last minute changes will be handed out
on an ‘addendum.’
If you have queries, ask the Auctioneer or
other staff prior to the start time, they
are approachable and knowledgeable.
Bid clearly by holding up your hand or
catalogue – do not worry about bidding
accidentally, Auction House Auctioneers
are experienced and will not mistake
the scratch of a head for a bid! If you
bid an amount different to the one the
Auctioneer is offering, you should shout
this out.

18 BUYERS ADMINISTRATION CHARGE
The successful buyer will be required
to pay the Auctioneers a Buyers
Administration Charge of £360 inc VAT
upon exchange of contracts for each
property purchased.

The fall of the hammer at the final
acceptable bid signifies the binding sale
of that particular property.
The purchaser is required to pay a
deposit and sign a Memorandum of Sale.
Make sure you have ID (ie Passport,
Driving Licence and Utility Bill) and the
means to pay your deposit.

19 Whilst every care is taken in the
compilation of this catalogue the
Auctioneers may not have been able to
verify all of the information contained
herein. However the details of the
properties are believed to be correct at
the time of compilation but they may be
subject to amendment or alteration up
to the time and date of sale.

On occasions properties do not reach
their reserve price. If you are bidding
prior to this and the property is unsold,
speak with a member of the Auctions
team afterwards to register your interest
and advise them of your maximum bid.

20 As auctioneers we have a legal
responsibility and liability to verify the
identity of both sellers and buyers.
Anyone who therefore intends to bid
for any property included in this sale
will be required to produce evidence
by way of Driving License, Passport or
other form of identity when completing
the Memorandum of Sale or Contract.

PLEASE NOTE: IF YOU WISH TO
PURCHASE AT THE AUCTION, YOU WILL
NEED VALID IDENTIFICATION SUCH AS
DRIVING LICENCE/PASSPORT/UTILITY
BILLS ETC.

21 These particulars are copyright and may
not be reproduced without the consent
of the Auctioneers.

WE ADVISE YOU TO REGISTER YOUR
INTEREST BEFORE THE AUCTION DAY
ON 01407 832772

8: Auction day

There is a possibility that a sale can
be quickly effected by subsequent
negotiation under Auction Rules.

9: Deposit

10: Completion

Sales Lettings Auctions
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Introduction
The common auction conditions have three main
sections:

Arrears
Arrears of rent and other sums due under the
tenancies but unpaid on the actual completion date

Particulars
The section of the catalogue that contains descriptions
of each lot

1. Glossary
This gives special meanings to some words used in the
rest of the conditions

Auction
The auction advertised in the catalogue

Practitioner
A receiver, administrative receiver or liquidator or a
trustee in bankruptcy

2. The conduct of the auction
These conditions regulate the conduct of the auction.
If you read our catalogue or attend the auction you do
so on the basis that you accept them
3. Conditions of sale
If you buy a lot you will sign a sale memorandum under
which you agree to be bound by the conditions of sale
that apply to that lot. These conditions are:
General conditions that apply to all lots
Any extra general conditions in the catalogue or an
addendum
Special conditions that only apply to the lot you are
buying (and which may vary the general conditions)
The conditions are legally binding.

Auctioneers
The auctioneers at the auction
Business day
Any day except (a) a Saturday or a Sunday (b) a bank
holiday in England and Wales or (c) Good Friday or
Christmas Day
Buyer
The person who agrees to buy the lot or, if applicable,
that person’s personal representatives: if two or more
are jointly the buyer all obligations can be enforced
against them jointly or against each of them separately
Catalogue
The catalogue to which the conditions refer including
any supplement to it

Important notice
A prudent buyer will, before bidding for a lot at an
auction:
• Take professional advice from a conveyancer and,
in appropriate cases, a chartered surveyor and an
accountant
• Read the conditions
• Inspect the lot
• Carry out usual searches and make usual
enquiries
• Check the content of all available leases and
other documents relating to the lot
• Check that what is said about the lot in the
catalogue is accurate
• Have finance available for the deposit and
purchase price
• Check whether VAT registration and election is
advisable.
The conditions assume that the buyer has acted like
a prudent buyer. If you choose to buy a lot without
taking these normal precautions you do so at your
own risk.

Completion
Completion of the sale of the lot

Glossary
In the conditions wherever it makes sense:
• singular words can be read as plurals, and plurals
as singular words
• a ‘person’ includes a corporate body
• words of one gender include the other genders
and where the following words appear they have
the specified meanings:

Documents
Documents of title (including, if title is registered,
the entries on the register and the title plan) and
other documents listed or referred to in the special
conditions relating to the lot

Actual completion date
The date when completion takes place or is treated as
taking place for the purposes of apportionment and
calculating interest

General conditions
The conditions so headed

Addendum
An amendment or addition to the conditions whether
contained in a supplement to the catalogue, a written
notice from the auctioneers or an oral announcement
at the auction
Agreed completion date
(a) the date specified in the special conditions, or
(b) if no date is specified, 20 business days after the
contract date but if that date is not a business day
the first subsequent business day

Conditions
This glossary, the conditions for the conduct of the
auction, the general conditions, any extra conditions
and the special conditions
Contract
The contract by which the seller agrees to sell and the
buyer agrees to buy the lot
Contract date
The date of the auction or, if the lot is not sold at the
auction:
(a) the date of the sale memorandum signed by both
the seller and buyer or
(b) if contracts are exchanged, the date of exchange.
If exchange is not effected in person or by an
irrevocable agreement to exchange made by
telephone, fax or electronic mail the date of
exchange is the date on which both parts have
been signed and posted or otherwise placed
beyond normal retrieval.

Extra conditions
Any additions to or variations of the conditions that
are of general application to all lots

Interest rate
If not specified in the special conditions, 4% above the
base rate from time to time of Barclays Bank plc
Lot
Each separate property described in the catalogue or
(as the case may be) the property that the seller has
agreed to sell and the buyer to buy
Old arrears
Arrears due under any of the tenancies that are not
‘new tenancies’ as defined by the Landlord and Tenant
(Covenants) Act 1995

Price
The price that the buyer agrees to pay for the lot
Ready to complete
Ready, willing and able to complete: if completion
would enable the seller to discharge all financial
charges secured on the lot that have to be discharged
by completion, then those outstanding financial
charges do not prevent the seller from being ready to
complete
Sale memorandum
The form so headed set out in the catalogue in which
the terms of the contract for the sale of the lot are
recorded
Seller
The person selling the lot
Special conditions
The conditions so headed that relate to the lot
Tenancies
Tenancies, leases, licences to occupy and agreements
for lease and any documents varying or supplemental
to them
Transfer
Includes a conveyance or assignment (and to transfer
includes to convey or to assign)
TUPE
The Transfer of Undertakings (Protection of
Employment) Regulations 1981 as modified or reenacted from time to time
VAT
Value Added Tax or other tax of a similar nature
VAT election
An election to waive exemption from VAT in respect
of the lot
We (and us and our)
The auctioneers
You (and your)
Someone who has a copy of the catalogue or who
attends or bids at the auction, whether or not a buyer
The conduct of the auction
The catalogue is issued only on the basis that you
accept these conditions relating to the conduct of the
auction. They override all other conditions and can only
be varied if we agree.
Our role
As agents for each seller we have authority to:
• prepare the catalogue from information supplied
by or on behalf of each seller
• offer each lot for sale
• sell each lot •
• receive and hold deposits
• sign each sale memorandum
• treat a contract as repudiated if the buyer fails
to sign a sale memorandum or pay a deposit as
required by the conditions.

AUCTION CONDITIONS
Our decision on the conduct of the auction is final.
We may cancel the auction, withdraw lots from sale,
or alter the order in which lots are offered for sale. We
may also combine or divide lots.
You acknowledge that to the extent permitted by law
we owe you no duty of care and you have no claim
against us for any loss.
Bidding and reserve prices
We may refuse to accept a bid. We do not have to
explain why.
If there is a dispute over bidding we are entitled to
resolve it, and our decision is final.
Unless stated otherwise each lot is subject to a reserve
price. If no bid equals or exceeds that reserve price the
lot will be withdrawn from the auction. The seller may
bid (or ask us or another agent to bid on the seller’s
behalf) up to the reserve price but may not make a bid
equal to or exceeding the reserve price.
Where a guide price is given that price is not to be
taken as an indication of the value of the lot or of the
reserve price.
The particulars and other information
We have taken reasonable care to prepare particulars
that correctly describe each lot. However the
particulars are based on information supplied by or
on behalf of the seller and we are not responsible for
errors.
The particulars are for your information but you
must not rely on them. They do not form part of any
contract between the seller and the buyer.
If we provide any information or a copy of any
document we do so only on the basis that we are not
responsible for its accuracy.
The contract
A successful bid is one we accept as such.
If you make a successful bid for a lot you are obliged
to buy that lot on the terms of the sale memorandum.
The price will be the amount you bid plus VAT (if
applicable). You must before leaving the auction:
• provide all information we reasonably need
from you to enable us to complete the sale
memorandum (including proof of your identity
that complies with money laundering regulations)
• sign the completed sale memorandum and pay
the deposit and if you do not we may either:
• as agent for the seller treat that failure as your
repudiation of the contract and offer the lot
for sale again: the seller may then have a claim
against you for breach of contract; or sign the sale
memorandum on your behalf.
Deposits must be paid by cheque or by bankers’ draft
drawn in our favour on a UK clearing bank or building
society. The catalogue states whether we also accept
debit or credit cards.
We may retain the sale memorandum signed by or
on behalf of the seller until we receive the deposit in
cleared funds.
If you make a successful bid for a lot:
• You are personally liable to buy it even if you
are acting as an agent. It is your responsibility to
obtain an indemnity from the person for whom
you are the agent
• Where the buyer is a company you warrant that
the buyer is properly constituted and able to buy
the lot
• If the buyer does not comply with its obligations
under the contract you are personally liable
to buy the lot and must indemnify the seller in

respect of any loss the seller incurs as a result of
the buyer’s default.
General Conditions
The general conditions apply except to the extent
that they are varied by extra conditions, the special
conditions or by an addendum.
1. The lot
1.1 The lot, including any rights granted and reserved,
is described in the special conditions.
1.2 The lot is sold subject to all subsisting tenancies,
but otherwise with vacant possession on
completion.
1.3 The lot is sold subject to all matters contained
or referred to in the documents (except financial
charges: these the seller must discharge on or
before completion) and to such of the following
as may affect it, whether they arise before or
after the contract date and whether or not they
are disclosed by the seller or are apparent from
inspection of the lot or from the documents:
(a) matters registered or capable of registration as
local land charges
(b) matters registered or capable of registration by
any competent authority or under the provisions
of any statute
(c) notices, orders, demands, proposals and
requirements of any competent authority
(d) charges, notices, orders, restrictions, agreements
and other matters relating to town and country
planning, highways or public health
(e) rights, easements, quasi-easements, and wayleaves
(f) outgoings and other liabilities
(g) any interest which overrides, within the meaning
of the Land Registration Act 2002
(h) matters that ought to be disclosed by the
searches and enquiries a prudent buyer would
make, whether or not the buyer has made them
(i) anything the seller does not and could not
reasonably know about and where any such
matter would expose the seller to liability the
buyer is to comply with it and indemnify the
seller against liability.
1.4 The seller must notify the buyer of any notices,
orders, demands, proposals and requirements of
any competent authority of which it learns after
the contract date but the buyer must comply
with them and keep the seller indemnified.
1.5 The lot does not include any tenant’s or trade
fixtures or fittings.
1.6 Where chattels are included in the lot the buyer
takes them as they are at completion and the
seller is not liable if they are not fit for use.
1.7 The buyer buys with full knowledge of:
(a) the documents whether or not the buyer has
read them
(b) the physical condition of the lot and what could
reasonably be discovered on inspection of it,
whether or not the buyer has inspected it.
The buyer is not relying on the information contained
in the particulars or in any replies to preliminary
enquiries but on the buyer’s own verification of
that information. If any information is not correct
any liability of the seller and any remedy of the
buyer are excluded to the extent permitted by
law.
2. Deposit
2.1 The amount of the deposit is the greater of:
(a) any minimum deposit stated in the catalogue (or

(b)
2.2
(a)

(b)

2.3

2.4

the total price, if this is less than that minimum),
and
10% of the price exclusive of VAT.
The deposit:
must be paid to the auctioneers by cheque or
banker’s draft drawn on a UK clearing bank or
building society (or by such other means of
payment as they accept)
is to be held as stakeholder unless the special
conditions provide that it is to be held as agent
for the seller.
Where the auctioneers hold the deposit as
stakeholder they are authorised to release it and
any interest on it to the seller on completion or,
if completion does not take place, to the person
entitled to it under the conditions.
If a cheque for the deposit is not cleared on first
presentation the seller is entitled to treat the
contract as at an end and bring a claim against
the buyer for breach of contract.
Interest earned on the deposit belongs to the
seller unless the conditions provide otherwise.

3. Transfer of risk and insurance
3.1 From the contract date the seller is under no
obligation to insure the lot and the buyer bears all
risk of loss or damage unless:
(a) the lot is sold subject to a tenancy that requires
the seller to insure the lot or
(b) the special conditions require the seller to insure
the lot.
3.2 If the seller is to insure the lot then the seller:
(a) must produce to the buyer on request relevant
insurance details
(b) must use reasonable endeavours to maintain that
or equivalent insurance and pay the premiums
when due
(c) gives no warranty as to the adequacy of
insurance
(d) must, at the request of the buyer, use reasonable
endeavours to have the buyer’s interest noted
on any insurance policy that does not cover a
contracting purchaser
(e) must, unless otherwise agreed, cancel the
insurance at completion
(f) is to hold in trust for the buyer any insurance
payments that the seller receives in respect of
loss or damage arising after the contract date and
the buyer must on completion reimburse to the
seller the cost of insurance (to the extent it is not
paid by a tenant or other third party) from and
including the contract date
3.3 If under a tenancy the seller insures the lot then
unless otherwise agreed with the buyer the seller
is to pay any refund of premium.
(a) to the buyer or if the special conditions so state,
to each tenant in the proportion that the tenant
pays premiums under its tenancy, first deducting
any arrears of premium due from that tenant.
3.4 Section 47 of the Law of Property Act 1925 does
not apply.
3.5 Unless the buyer is already lawfully in occupation
of the lot the buyer has no right to enter into
occupation prior to completion.
4. Title
4.1 Unless general condition 4.2 applies, the buyer
accepts the title of the seller to the lot as at
the contract date and may raise no requisition
or objection except in relation to any matter
following the contract date.

Sales Lettings Auctions
•

•

4.2 The buyer may raise no requisition or objection
to any documents made available before the
auction but in relation to any of the documents
that is not available before the auction the
following provisions apply:
(a) if the lot is registered land the seller is to give to
the buyer within five business days of the contract
date an official copy of the entries on the register
and title plan and of all documents noted on the
register that affect the lot
(b) if the lot is not registered land the seller is to give
to the buyer within five business days an abstract
or epitome of title starting from the root of title
mentioned in the special conditions (or, if none
is mentioned, a good root of title more than 15
years old) and must produce to the buyer the
original or an examined copy of every relevant
document
(c) the buyer has no right to object to or make
requisitions on any title information more than
seven business days after that information has
been given to the buyer.
4.3 Unless otherwise stated in the special conditions
the seller sells with full title guarantee except that:
(a) all matters recorded in registers open to public
inspection are to be treated as within the actual
knowledge of the buyer and
(b) any implied covenant as to compliance with
tenant’s obligations under leases does not extend
to the state or condition of the lot where the lot
is leasehold property.
4.4 If title is in the course of registration title is to
consist of certified copies of:
(a) the documents sent to the Land Registry
(b) the application to the Land Registry and a letter
under which the seller or its conveyancer agrees
to use all reasonable endeavours to answer any
requisitions raised by the Land Registry and to
instruct the Land Registry to send the completed
registration documents to the buyer.
4.5 The transfer is to have effect as if expressly
subject to all matters subject to which the lot is
sold under the contract.. The seller does not have
to produce, nor may the buyer object to or make
a requisition in relation to, any prior or superior
title even if it is referred to in the documents.
5. Transfer
5.1 Unless a form of transfer is set out in the special
conditions:
(a) the buyer must supply a draft transfer to the
seller at least ten business days before the agreed
completion date and the engrossment (signed as
a deed by the buyer if condition 5.2 applies) five
business days before that date or (if later) two
business days after the draft has been approved
by the seller and
(b) the seller must approve or revise the draft
transfer within five business days of receiving it
from the buyer.
5.2 If the seller remains liable in any respect in
relation to the lot (or a tenancy) following
completion the buyer is specifically to covenant
in the transfer to indemnify the seller against that
liability.
5.3 The seller cannot be required to transfer the lot
to anyone other than the buyer, or by more than
one transfer.
6. Completion
6.1 Completion is to take place at the offices of the

6.2

6.3
(a)
(b)
6.4

6.5

seller’s conveyancer, or where the seller may
reasonably require, on the agreed completion
date. The seller can only be required to complete
on a business day and between the hours of
0930 and 1700.
The amount payable on completion is the
balance of the price adjusted to take account
of apportionments plus (if applicable) VAT and
interest.
Payment is to be made in pounds sterling and
only by:
direct transfer to the seller’s conveyancer’s client
account and
the release of any deposit held by a stakeholder.
Unless the seller and the buyer otherwise agree
completion takes place when both have complied
with their obligations under the contract and the
total payment is unconditionally received in the
seller’s conveyancer’s client account.
If completion takes place after 1400 hours for a
reason other than the seller’s default it is to be
treated, for the purposes of apportionment and
calculating interest, as if it had taken place on the
next business day. Where applicable the contract
remains in force following completion.

7. Notice to complete
7.1 The seller or the buyer may on or after the
agreed completion date but before completion
give the other notice to complete within 10
business days (excluding the date on which the
notice is given) making time of the essence.
7.2 The person giving the notice must be ready to
complete.
7.3 If the buyer fails to comply with a notice to
complete the seller may, without affecting any
other remedy the seller has:
(a) rescind the contract
(b) claim the deposit and any interest on it if held by
a stakeholder
(c) forfeit the deposit and any interest on it
(d) resell the lot and
(e) claim damages from the buyer.
7.4 If the seller fails to comply with a notice to
complete the buyer may, without affecting any
other remedy the buyer has:
(a) rescind the contract and
(b) recover the deposit and any interest on it from
the seller or, if applicable, a stakeholder.
8. If the contract is brought to an end
If the contract is rescinded or otherwise brought
to an end:
(a) the buyer must return all papers to the seller
and appoints the seller its agent to cancel any
registration of the contract
(b) the seller must return the deposit and any
interest on it to the buyer (and the buyer may
claim it from the stakeholder, if applicable) unless
the seller is entitled to forfeit the deposit under
general condition 7.3.
9. Landlord’s licence
9.1 Where the lot is leasehold land and licence to
assign is required this condition applies.
9.2 The contract is conditional on that licence being
obtained, by way of formal licence if that is what
the landlord can lawfully require.
9.3 The agreed completion date is to be not earlier
than the date five business days after the seller
has given notice to the buyer that the licence has

been obtained.
9.4 The seller must:
(a) use all reasonable endeavours to obtain the
licence at the seller’s expense and
(b) enter into any authorised guarantee agreement
properly required.
9.5 The buyer must:
(a) promptly provide references and other relevant
information, and comply with the landlord’s lawful
requirements.
9.6 If within three months of the contract date (or
such longer period as the seller and buyer agree)
the licence has not been obtained the seller
or the buyer may (if not then in breach of any
obligation under this condition) by notice to the
other rescind the contract at any time before
licence is obtained. Rescission is without prejudice
to the claims of either seller or buyer for breach
of this condition 9.
10. Interest and apportionments
10.1 If the actual completion date is after the agreed
completion date for any reason other than the
seller’s default the buyer must pay interest at
the interest rate on the price (less any deposit
paid) from the agreed completion date up to and
including the actual completion date.
10.2 The seller is not obliged to apportion or account
for any sum at completion unless the seller has
received that sum in cleared funds. The seller
must pay to the buyer after completion any sum
to which the buyer is entitled that the seller
subsequently receives in cleared funds.
10.3 Income and outgoings are to be apportioned at
actual completion date unless:
(a) the buyer is liable to pay interest and
(b) the seller has given notice to the buyer at any
time up to completion requiring apportionment
on the date from which interest becomes
payable.
10.4 Apportionments are to be calculated on the basis
that:
(a) the seller receives income and is liable for
outgoings for the whole of the day on which
apportionment is to be made
(b) annual income and expenditure accrues at an
equal daily rate assuming 365 days in a year and
income and expenditure relating to a period of
less than a year accrues at an equal daily rate
during the period to which it relates
(c) where the amount to be apportioned is not
known at completion apportionment is to be
made by reference to the best estimate then
available and further payment is to be made by
seller or buyer as appropriate within five business
days of the date when the amount is known
(d) rent payable in arrear for a period that includes
the day of apportionment is to be apportioned
for that period as if paid in advance.
11. Arrears
11.1 The seller retains the right to receive and recover
old arrears.
11.2 While any arrears due to the seller remain unpaid
the buyer must:
(a) try to collect them in the ordinary course of
management but need not take legal proceedings,
distrain or forfeit the tenancy
(b) pay them to the seller within five business days
of receipt in cleared funds (plus interest at the
interest rate calculated on a daily basis for each

AUCTION CONDITIONS
subsequent day’s delay in payment)
(c) on request, at the cost of the seller, assign to
the seller or as the seller may direct the right to
demand and sue for old arrears, such assignment
to be in such form as the seller’s conveyancer
may reasonably require
(d) if reasonably required, allow the seller’s
conveyancer to have on loan the counterpart of
any tenancy against an undertaking to hold it to
the buyer’s order
(e) not release any tenant or surety from liability to
pay arrears or accept a surrender of or forfeit any
tenancy under which arrears are due; and
(f) if the buyer disposes of the lot prior to recovery
of all arrears obtain from the buyer’s successor
in title a covenant in favour of the seller in similar
form to this condition 11.
Where the seller has the right to recover arrears
it must not without the buyer’s written consent
bring insolvency proceedings against a tenant or
seek the removal of goods from the lot.
12. Management
12.1 This condition applies where the lot is sold
subject to tenancies.
12.2 The seller is to manage the lot in accordance
with its standard management policies pending
completion.
12.3 Unless set out in the special conditions the seller
must consult the buyer on all management issues
that would affect the buyer after completion,
such as an application for licence or a rent review
under a tenancy, a variation, surrender, agreement
to surrender or proposed forfeiture of a tenancy,
or a new tenancy or agreement to grant a new
tenancy and:
(a) the seller must comply with the buyer’s
reasonable requirements unless to do so would
(but for the indemnity in paragraph (c)) expose
the seller to a liability that the seller would not
otherwise have, in which case the seller may act
reasonably in such a way as to avoid that liability
(b) if the seller gives the buyer notice of the seller’s
intended act and the buyer does not object
within five business days giving reasons for the
objection the seller may act as the seller intends,
and
(c) the buyer is to indemnify the seller against all loss
or liability the seller incurs through acting as the
buyer requires, or by reason of delay caused by
the buyer.
13. Rent deposits
13.1 This condition applies where the seller is holding
or otherwise entitled to money by way of rent
deposit in respect of a tenancy. In this condition
‘rent deposit deed’ means the deed or other
document under which the rent deposit is held.
13.2 If the rent deposit is not assignable the seller must
on completion hold the rent deposit on trust for
the buyer and, subject to the terms of the rent
deposit deed, comply at the cost of the buyer
with the buyer’s lawful instructions.
13.3 Otherwise the seller must on completion pay
and assign its interest in the rent deposit to the
buyer under an assignment in which the buyer
covenants with the seller to:
(a) observe and perform the seller’s covenants and
conditions in the rent deposit deed and indemnify
the seller in respect of any breach
(b) give notice of assignment to the tenant and

(c) give such direct covenant to the tenant as may be
required by the rent deposit deed.
14. VAT
14.1 Where the conditions require money to be
paid the payer must also pay any VAT that is
chargeable on that money, but only if given a valid
VAT invoice.
14.2 Where the special conditions state that no VAT
election has been made the seller confirms that
none has been made by it or by any company
in the same VAT group nor will be prior to
completion.
15. Transfer as a going concern
15.1 Where the special conditions so state the seller
and the buyer intend the sale to be treated as
a transfer of a going concern and this condition
applies.
15.2 The seller confirms that the seller or a company
in the same VAT group:
(a) is registered for VAT and
(b) has, where necessary, made in relation to the lot a
VAT election that remains valid.
15.3 The buyer:
(a) is registered for VAT, either in the buyer’s name or
as a member of a VAT group
(b) has made, or will make before completion,a VAT
election in relation to the lot
(c) is to give to the seller as early as possible before
the agreed completion date evidence of the VAT
registration and that a VAT election has been
made and notified in writing to HM Revenue and
Customs
(d) must not revoke the VAT election.
and if it does not produce the relevant evidence
at least two business days before the agreed
completion date, general condition 14.1 applies at
completion.
15.4 The buyer confirms that after completion the
buyer intends to:
(a) retain and manage the lot for the buyer’s own
benefit as a continuing business as a going
concern subject to and with the benefit of the
tenancies, and
(b) collect the rents payable under the tenancies and
charge VAT on them
15.5 Unless the seller obtains agreement to the
contrary from HM Revenue and Customs
(a) the seller must on or as soon as reasonably
practicable after completion transfer to the buyer
all VAT records for the lot and
(b) the buyer must keep those records available for
inspection by the seller at all reasonable times.
15.6 If, after completion, it is found that the sale of the
lot is not a transfer of a going concern then:
(a) the seller’s conveyancer is to notify the buyer’s
conveyancer of that finding and provide a VAT
invoice in respect of the sale of the lot and
(b) the buyer must within five business days of
receipt of the VAT invoice pay to the seller the
VAT due and
(c) if VAT is payable because the buyer has not
complied with this condition 15, the buyer must
pay and indemnify the seller against all costs,
interest, penalties or surcharges that the seller
incurs as a result.
16. Capital allowances
16.1 This condition applies where the special
conditions state that there are capital allowances

available in respect of the lot.
16.2 The seller is promptly to supply to the buyer all
information reasonably required by the buyer
in connection with the buyer’s claim for capital
allowances.
16.3 The value to be attributed to those items on
which capital allowances may be claimed is set
out in the special conditions.
16.4 The seller and buyer agree:
(a) to make an election on completion under Section
198 of the Capital Allowances Act 2001 to give
effect to this condition, and
(b) to submit the value specified in the special
conditions to HM Revenue and Customs for the
purposes of their respective capital allowance
computations.
17. Maintenance agreements
17.1 The seller agrees to use reasonable endeavours
to transfer to the buyer, at the buyer’s cost, the
benefit of the maintenance agreements specified
in the special conditions.
The buyer must assume, and indemnify the seller
in respect of, all liability under such contracts from
the actual completion date.
18. Landlord and Tenant Act 1987
18.1 This condition applies where the sale is a
relevant disposal for the purposes of part I of the
Landlord and Tenant Act 1987.
Unless the special conditions state otherwise
the seller warrants that the seller has complied
with sections 5B and 7 of that Act and that the
requisite majority of qualifying tenants has not
accepted the offer.
19. Sale by practitioner
19.1 This condition applies where the sale is by a
practitioner as agent of the seller.
19.2 The practitioner has been duly appointed and is
empowered to sell the lot.
19.3 The practitioner and the practitioner’s partners
and staff have no personal liability in connection
with the sale or the performance of the seller’s
obligations. The transfer is to include a declaration
excluding the personal liability of the practitioner
and of the practitioner’s partners and staff.
19.4 The lot is sold:
(a) in its condition at completion
(b) whether or not vacant possession is provided
(c) for such title as the seller may have and
(d) with no title guarantee. and the buyer has no
right to rescind the contract or any other remedy
if information provided about the lot is inaccurate,
incomplete or missing.
19.5 Where relevant:
(a) the documents must include certified copies
of the charge under which the practitioner is
appointed, the document of appointment by
the lender and the practitioner’s acceptance of
appointment, and
(b) the seller may require the transfer to be by the
lender exercising its power of sale under the Law
of Property Act 1925. The buyer understands
this condition 19 and agrees that it is fair in the
circumstances of a sale by a practitioner.
20. TUPE
20.1 Unless the special conditions state that TUPE
applies then the seller warrants that there are no
employees whose contracts of employment will

AUCTION CONDITIONS
Sales Lettings Auctions
•

•

transfer to the buyer on completion.
20.2 If the special conditions state that TUPE applies
then:
(a) the seller has informed the buyer of those
employees whose contracts of employment will
transfer to the buyer on completion
(b) not less than five business days before the agreed
completion date the buyer must confirm to the
seller that the buyer has offered to employ those
employees on the same terms as, or better terms
than, their existing contracts of employment
(c) the buyer is to keep the seller indemnified against
all liability for those employees after completion.
21. Environmental
21.1 This condition only applies where the special
conditions so provide.
21.2 The seller has made available such reports as the
seller has as to the environmental condition of
the lot and has given the buyer the opportunity
to carry out investigations (whether or not the
buyer has read those reports or carried out
any investigation) and the buyer admits that
the pricetakes into account the environmental
condition of the lot.
The buyer agrees to indemnify the seller in
respect of all liability for or resulting from the
environmental condition of the lot.
22. Service charge
22.1 This condition applies where the lot is sold
subject to tenancies that include service charge
provisions.
22.2 No apportionment is to be made at completion
in respect of service charges.
22.3 Within two months after completion the seller
must provide to the buyer a detailed service
charge account for the service charge year
current on completion showing:
(a) service charge expenditure attributable to each
tenancy
(b) payments on account of service charge received
from each tenant
(c) any amounts due from a tenant that have not
been received
(d) any service charge expenditure that is not
attributable to any tenancy and is for that reason
irrecoverable.
22.4 In respect of each tenancy, if the service charge
account shows that:
(a) payments on account (whether received or still
then due from a tenant) exceed attributable
service charge expenditure, the seller must pay to
the buyer an amount equal to the excess when it
provides the service charge account
(b) attributable service charge expenditure exceeds
payments on account (whether those payments
have been received or are still then due), the
buyer must use all reasonable endeavours to
recover the shortfall from the tenant at the next
service charge reconciliation date and pay the
amount so recovered to the seller within five
business days of receipt in cleared funds and in
respect of payments on account that are still due
from a tenant condition 11 (arrears) applies.
22.5 In respect of service charge expenditure that is
not attributable to any tenancy the seller must
pay any incurred in respect of the period before
actual completion date and the buyer must
pay any incurred in respect of the period after
actual completion date. Any necessary monetary

adjustment is to be made within five business
days of the seller providing the service charge
account to the buyer.
22.6 If the seller holds any reserve or sinking fund on
account of future service charge expenditure:
(a) the seller must assign it (including any interest
earned on it) to the buyer on completion and
(b) the buyer must covenant with the seller to hold
it in accordance with the terms of the tenancies
and to indemnify the seller if it does not do so.
23. Rent reviews
23.1 This condition applies where the lot is sold
subject to a tenancy under which a rent review
due on or before the actual completion date has
not been agreed or determined.
23.2 The seller may continue negotiations or rent
review proceedings up to the actual completion
date but may not agree the level of the revised
rent or commence rent review proceedings
without the written consent of the buyer, such
consent not to be unreasonably withheld or
delayed.
23.3 Following completion the buyer must complete
rent review negotiations or proceedings as soon
as reasonably practicable but may not agree the
level of the revised rent without the written
consent of the seller, such consent not to be
unreasonably withheld or delayed.
23.4 The seller must:
(a) give to the buyer full details of all rent review
negotiations and proceedings, including copies of
all correspondence and other papers, and
(b) use all reasonable endeavours to substitute
the buyer for the seller in any rent review
proceedings.
23.5 The seller and the buyer are to keep each other
informed of the progress of the rent review and
have regard to any proposals the other makes in
relation to it.
23.6 When the rent review has been agreed or
determined the buyer must account to the seller
for any increased rent and interest recovered
from the tenant that relates to the seller’s period
of ownership within five business days of receipt
of cleared funds.
23.7 If a rent review is agreed or determined before
completion but the increased rent and any
interest recoverable from the tenant has not
been received by completion the increased rent
and any interest recoverable is to be treated as
arrears. The seller and the buyer are to bear their
own costs in relation to rent review negotiations
and proceedings.
24. Tenancy renewals
24.1 This condition applies where the tenant under
a tenancy has the right to remain in occupation
under part II of the Landlord and Tenant Act
1954 (as amended) and references to notices
and proceedings are to notices and proceedings
under that Act.
24.2 Where practicable, without exposing the seller to
liability or penalty, the seller must not without the
written consent of the buyer (which the buyer
must not unreasonably withhold or delay) serve
or respond to any notice or begin or continue
any proceedings.
24.3 If the seller receives a notice the seller must send
a copy to the buyer within five business days and
act as the buyer reasonably directs in relation to
it.

24.4 Following completion the buyer must:
(a) with the co-operation of the seller take
immediate steps to substitute itself as a party to
any proceedings
(b) use all reasonable endeavours to conclude any
proceedings or negotiations for the renewal of
the tenancy and the determination of any interim
rent as soon as reasonably practicable at the best
rent or rents reasonably obtainable
(c) if any increased rent is recovered from the tenant
(whether as interim rent or under the renewed
tenancy) account to the seller for the part of
that increase that relates to the seller’s period
of ownership of the lot within five business days
of receipt of cleared funds. The seller and the
buyer are to bear their own costs in relation to
the renewal of the tenancy and any proceedings
relating to this.
25. Warranties
25.1 Available warranties are listed in the special
conditions.
25.2 Where a warranty is assignable the seller must:
(a) on completion assign it to the buyer and give
notice of assignment to the person who gave the
warranty
(b) apply for, and the seller and the buyer must use
all reasonable endeavours to obtain, any consent
to assign that is required. If consent has not
been obtained by completion the warranty must
be assigned within five business days after the
consent has been obtained.
25.3 If a warranty is not assignable the seller must on
completion:
(a) hold the warranty on trust for the buyer
(b) at the buyer’s cost comply with such of the
lawful instructions of the buyer in relation to the
warranty as do not place the seller in breach of
its terms or expose the seller to any liability or
penalty.
26. No assignment
The buyer must not assign, mortgage or otherwise
transfer or part with the whole or any part of the
buyer’s interest under this contract.
27. Notices and other communications
27.1 All communications, including notices, must be in
writing. Communication to or by the seller or the
buyer may be given to or by their conveyancers.
27.2 If a communication is delivered by hand or is
otherwise proved to have been received then it
is given when delivered or received. If delivered
or received after 1700 hours on a business day it
is to be treated as received on the next business
day.
If a communication is to be relied on that is
not delivered by hand or otherwise proved to
have been received it must be sent by first-class
registered or recorded delivery post to the
address of the person to whom it is to be given
as specified in the sale memorandum. Such a
communication will be treated as received on the
second business day after it has been posted.
28. Contracts (Rights of Third Parties)
Act 1999
The contract is enforceable only by the seller
and the buyer and (if applicable) their successors
in title and, to the extent permitted by the
conditions, by the auctioneers.

TELEPHONE & PROXY BIDDING FORM
Telephone and Proxy Bidding Form
Authorisation form for “The Auctioneer’s”
to bid on behalf of a non- attending bidder.
Telephone Bid o
(Please tick one box)

Proxy Bid

o

Telephone Bids. A member of the Auction Staff
will attempt to contact you on the telephone
number provided prior to the Lot being offered
for sale. If contact is made, you may compete
in the bidding process through the Auctioneer’s
Staff. Should you exceed the bidding price stated
on this form, the balance of the deposit must
be forwarded to the Auctioneer promptly. If
telephone contact cannot be made, or the link
is lost, the Auctioneer is authorised to continue
to bid on your behalf up to the maximum stated
on this form.

I have read the General Additional and Specials
Conditions of Sale. I accept that it is my
responsibility to check for any amendments,
which may be read out by the Auctioneer on
the Auction Day. I authorise a member of the
Auctioneer’s staff to sign the Memorandum
of Sale on my behalf and I recognise that I
will then be the fully bound purchaser of the
property referred to above and must complete
this transaction within the time specified in
the Conditions of Sale. I hereby instruct and
authorise you to bid on my behalf in accordance
with the terms and conditions attached hereto. I
understand that should my bid be successful the
offer will be binding upon me.

(Note – The bid must be for a definite amount
and not expressed to be relative to any
other bid. Any uncertainty could result in the
Proxy Bids. A member of the Auction staff will Auctioneer not bidding on your behalf).
bid on your behalf up to the amount stated on
this Form. They will not exceed the maximum bid I enclose the following:
stated. You will be contacted after the Auction • Cheque for 10% of the maximum bid or £3,000,
whichever is greater, made payable to The Vendors
and advised whether your bid has been successful.
Legal Representative (see Catalogue).
Where two or more equal bids are made by
separate bidders, the first bid received will take • Cheque for Buyer’s Administration Fee of £360
inc VAT made payable to Môn Properties.
Signed:.............................................................................................
preference.
• Copies of proof of identity and address validated

How to Submit this Form. The completed Form,
by a Solicitor (see Terms & conditions in full).
together with proof of identity and payment as • Please note that cheques will only be presented
detailed below, is to reach Môn Properties at least
for payment should you be the successful bidder.
two working days before the Auction. Call or
email the Auctioneers Office for further details.
Terms and Conditions

The following terms and conditions apply to all intended buyers who wish
bids to be made by proxy or by telephone.
1. For those who are unable to attend the Auction the proxy bidding form
should be used in order to submit a maximum bid to the Auctioneer. The
bid will not be called upon prior to the time of offering the particular lot
for which the bid has been made. A prospective buyer should fill in the
appropriate telephone bidding form or proxy bidding form in the catalogue
and should ensure that all sections are completed. Failure to complete any
part of the appropriate form may render the instructions ineffective.
2. Maximum bids must be for an exact figure and any reference to a bid
to be calculated by reference to other bids will not be acceptable. In the
event of there being any confusion as to the maximum bid, the Auctioneer
reserves the right to refuse a bid on behalf of the prospective buyer.
3. All completed proxy and telephone bidding forms must be delivered to
the Auctioneer with the appropriate deposit cheque not less than 48 Hours
prior to the start of the Auction at which the property the subject of the bid
is to be sold. A cheque or banker’s draft in the sum of 10% of the maximum
bid or £3,000 whichever is the greater, is enclosed with the proxy or
telephone bidding form. Cheques should be made payable to The Vendors
Legal Representative(see Catalogue). Receipt of funds must be 48 hours
prior to the Auction. Buyers Administration Charge-The successful buyer
will be required to pay the Auctioneer a Buyer’s Administration Charge
of £360 +VAT upon exchange of contracts for each property purchased
(cheques made payable to Môn Properties). A separate proxy or telephone
bidding form, deposit and buyer’s administration charge should be supplied
for each property upon which a bid is to be placed.
4. The Auctioneer, in accepting proxy bids, acts as Agent for the prospective
buyer and the prospective buyer shall be considered to have authorised
the Auctioneer on the basis of the terms and conditions set out in this
Auction catalogue, all relevant conditions of sale and any amendments to
the Auction catalogue. In the event of the prospective buyer’s bid being
successful, the Auctioneer is authorised by the prospective buyer to sign
any memorandum or contract relating to the property concerned.
5. The Auctioneer accepts no liability for any bid not being made on behalf
of the prospective buyer and reserves the right to bid himself or through an
agent up to the reserve price for the particular property concerned.
6. In the event that another bidder makes a bid equal to the maximum
bid the prospective buyer is prepared to make, the Auctioneer reserves
the right to accept the bid of any bidder attending the Auction in person
or through an agent.

7. The Auctioneer accepts no responsibility for failure of telecommunications
in respect of a telephone bid, or any delays in the postal system if a proxy
bidding form is sent through the post.
8. If the prospective buyer wishes to attend the Auction and bid in person,
he or she shall notify the Auctioneer who will then no longer bid. Such
notification must be in writing and received by the Auctioneer prior to
commencement of the Auction.
9. Prospective bidders should check with the Auctioneer’s Office
immediately prior to the Auction to ensure there are no changes to the
published terms and conditions.
10. Successful / unsuccessful bids will be notified to the prospective buyer
within 24 hours of the conclusion on the Auction sale.
11. Should the property be knocked down to the proxy bidder by the
Auctioneer at a figure which is less than the maximum bid price on the
form, the whole of the deposit supplied with the form will still be cashed
and will count towards the purchase price sold.
12. Proxy bidders are deemed to be making their bid with full knowledge
of and in accordance with the Common and Special Conditions of Sale and
the Important Pre-Sale Announcements in the catalogue.
13. Proxy bidders are also deemed to have knowledge of any Addendum
sheet which may be issued prior to or at the Auction sale. Proxy bidder’s
are advised to telephone the Auctioneer’s offices before 10am on the day
of the Sale in order to find out whether any addendum apply to the property
for which they have authorised the Auctioneer to bid on their behalf.
14. The proxy bidder authorises the Auctioneer or any duly authorised
partner or employee of Môn Properties as the prospective purchaser’s
agent to sign the Memorandum of Sale or Sale Contract incorporating any
addendum at or after the Auction.
15. Proxy or telephone bidding forms should be sent to: Môn Properties,
The Property Centre, Mona Street, Amlwch, Anglesey. LL68 9AN
16. In the case of a telephone bid a member of the Auctioneers staff will
attempt to contact the bidder by telephone before the Lot in question is
offered for sale. If contact is made the bidder may compete in the bidding
through the Auctioneers staff. However, if telephone contact cannot be
made or the link breaks down the bidder hereby authorises the Auctioneer
and authorised staff to bid on his behalf up to the guide price for the lot
in question. If the bidder is successful at a price which is higher than
the Auctioneer guide price the bidder must within 24 hours of the Auction
provide the Auctioneer with additional funds to make the amount of his
deposit equal to 10% of the purchase price. If the Bidder is successful at
a price which is less than the price guide the whole of the Bidder’s deposit
will be used towards the purchase price. If the Bidder is unsuccessful the
full amount of the Bidder’s deposit will be refunded to the Bidder promptly

Date:................................................................................................
Note: You are advised not to make any errors on
this form. Any mis-entries or corrections must be
signed in full by the side of any corrections.
after the Auction without interest.
17. In the case of a proxy bid the Bidder hereby authorises the Auctioneer
and authorised staff to bid on his behalf as his agents up to the maximum
amount of the authorised proxy bid. If successful the bidder will be notified
as soon as possible. If the Bidder is successful at a figure which is less
than the maximum of the authorised proxy bid the whole of the Bidders
deposit will be used as a deposit towards the purchase price. If the Bidder
is unsuccessful the full amount of the Bidder’s deposit will be refunded
to the Bidder promptly after the Auction without interest. If the Bidder
is successful the Bidder hereby authorises the Auctioneer to sign the
Memorandum of Agreement on his behalf.
18. The Auctioneer reserves the right not to bid on behalf of telephone /
proxy bidders, in the event of any error, doubt, omission, uncertainty as
to the bid, or any reason whatsoever, and give no warranty, or guarantee,
that a bid would be made of the bidder and except no liability. In the event
that the telephone / proxy bid is successful, the Auctioneer will sign the
Memorandum of the Contract on behalf of the bidder (a contract would
have been formed on the fall of the hammer).
19. Once delivered to the Auctioneer, the authority to bid is binding upon
the bidder up to 7pm on the day on which the particular lot is auctioned,
this is to allow for the possibility of a seller agreeing to sell post auction,
where the bidding has not reached the reserve.
20. The authority can only be withdrawn by notification in writing, delivered
to Môn Properties at their office 3 hours before the start of the auction
on the day the relevant lot is scheduled to be auctioned. Or by delivery
into the hands of the Auctioneer in the auction room – one hour before
the start of the day’s auction. It is the bidder’s responsibility to obtain a
receipt on a copy of the withdrawal notification signed by the Auctioneer
of Môn Properties and without such a receipt, the authority stands and any
successful contract is binding on the bidder.
Remember
IF YOU WISH TO PURCHASE AT THE AUCTION, YOU WILL NEED VALID
IDENTIFICATION E.G. DRIVING LICENCE / PASSPORT / UTILITY BILLS ETC.
YOU ARE ADVISED TO REGISTER YOUR INTEREST BEFORE THE AUCTION DAY.
ALL COMPLETED AUTHORISATION FORMS SHOULD BE MARKED PRIVATE &
CONFIDENTIAL AND SENT TO THE AUCTIONEER AT THE ADDRESS STATED IN
15 ABOVE.
Please ask for the Proxy Form if you are unable to attend the Auction.